Ever wondered why you didn’t win a contract? New transparency rules ensure you’ll know—and can improve for next time. The Procurement Act 2023 mandates clear and consistent feedback on tenders, helping suppliers refine their bids and boost their chances of success.

•    Mandatory Assessment Summaries: Buyers are now required to provide detailed evaluations of bid submissions, highlighting strengths and areas for improvement.

•    Transparency Requirements: Contracting authorities must clearly explain how decisions are made, ensuring fairness and accountability in procurement processes.

•    Supplier Benefits: Feedback helps businesses identify weaknesses, adjust strategies, and improve future submissions.

Transparency is a cornerstone of the Procurement Act 2023. New rules require contracting authorities to provide meaningful feedback to all participating suppliers, whether successful or not. 

This includes detailed assessment summaries that explain the evaluation process and justify the final decision. For suppliers, these insights are invaluable. By understanding where their proposals fell short or excelled, businesses can adjust their strategies and enhance their chances of success in future tenders. 

The feedback process also promotes trust between suppliers and buyers, ensuring that public procurement remains fair, accountable, and competitive. For SMEs and new market entrants, the transparency requirements level the playing field by providing a clear roadmap for improvement.

Want to learn more about how we can help you win more contracts? Book a call with us or join our UK Procurement and Suppliers LinkedIn Group https://www.linkedin.com/groups/12821115/